Central Atlantic Collegiate Conference Inc
Analysis
Central Atlantic Collegiate Conference Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Central Atlantic Collegiate Conference Inc reported income of $1.0m and spending of $943k, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $816k to $1.0m (+27%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Central Atlantic Collegiate Conference Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within CT. Charities of a similar size with the same main cause include Wellesley Montessori School Inc ($1.0m), Specialty Tutoring Inc ($1.0m) and Yeshiva Chayei Olam ($1.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $177k (19% of expenses). Other salaries and wages came to $166k. At year end it held assets of $1.8m against liabilities of $275k, net assets of $1.5m. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 37%
- Program services 59%
- Other 4.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wellesley Montessori School Inc | Wellesley | $1.0m |
| Specialty Tutoring Inc | Fort Wayne | $1.0m |
| Yeshiva Chayei Olam | Lakewood | $1.0m |
| Crimson Business Education Group | Cambridge | $1.0m |